Companies with little revenue earnings or no revenue at all can now be listed on SME exchange according to Securities and Exchange Board of India (SEBI). It is open to allow companies with no revenue to be listed in alternate platforms like SME exchanges.
U.K Sinha, the SEBI chairman, says that SEBI has taken steps to list regional companies on BSE ...
IFC Gives $20 Million To Pragati India Fund, Makes Commitments For Other Organizations In India Too
By
Biz2Credit Advisor
International Finance Corporation (IFC) invested $20 million in Pragati India Fund. It is a Delhi based investment firm that makes funds available to SMEs in several states such as Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Orissa, Rajasthan and West Bengal.
These low income states cannot attract private investments and are ignored for perception issues. Till date there has been not a single ...
TAGS Tags: Ambit Pragma Fund II, Forum Synergies (India) PE Fund, Global Infrastructure Fund, IFC, India, Indian SMEs, International Finance Corporation, Investment Firm, Investments in SMEs, Pragati India Fund, Private Equity Capital, Smaller Enterprises, SME funds, SMEs, Zephyr Peacock India Fund III
CATEGORIES Building Credit
Ajay Kumar, secretary Ministry of Information and Technology, thinks that IT is the right tool so as to innovate and make a difference felt in the SME space. IT plays a great role in dissemination of information and helps in better management of MSMEs.
The way of functioning of businesses has changed today as the Indian economy is writing a ...
TAGS Tags: Communication & Technology, Dissemination of Information, Dr Ajay Kumar, Indian economy, Indian SMEs, Information, information technology, IT solutions, Joint Secretary, Management of MSMEs, Ministry of Information and Technology, Mr. Kumar, National Optical Fibre Network, National Skill Development Programme, Semiconductor Wafer Fabrication, SMEs, Village Panchayats
CATEGORIES IT
Deputy Governor KC Chakrabarty of Reserve Bank of India summoned banks for showing laxity while financing to small and medium enterprises in the country. SME's need working capital and for which they seek loans. So, banks should be willing to lend out loans to small businesses.
When the bank management starts to monitor the loan applications then obviously more SMEs ...
Prime Minister Dr. Manmohan Singh says that Small businesses are capable to compete with large companies. The New Foreign Direct Investment (FDI) policies are been framed keeping into consideration the interest of retail and small business sector. It is believed that the new policy is going to bring good days for farmers and consumers.
FDI in retail can be a ...
